References

The House of HR / ZAQUENSIS


Baker Tilly Roelfs advised The House of HR in the acquisition of ZAQUENSIS group. The Closing of the transaction has been completed on 31 May 2016.

The team lead by Dietmar Flügel provided The House of HR with M&A transaction advisory and acquisition finance advisory services.

The House of HR offers a wide range of HR solutions, with business units in outsourcing of qualified engineers, secondment of technical profiles,   temporary staffing, professional staffing & training, HR consultancy and payrolling. With offices in Belgium, the Netherlands, France, Germany, Poland, Portugal, Switzerland and Romania, The House of HR has approximately 1,532 in-house employees and achieved a pro forma consolidated sales turnover of approx. EUR 750m in 2015 including ZAQUENSIS.

ZAQUENSIS is one of the leading regional HR service providers and generated approx. EUR 92m of revenues in 2015. Since its founding by Roger Lothmann in 1999, the company grew steadily. Today ZAQUENSIS runs 61 service centers throughout Germany and employs over 4,600 temping staff and 271 internal staff.

The acquisition of ZAQUENSIS is part of the European growth strategy and will provide The House of HR a presence in the strategically important German market which is the largest staffing market in continental Europe.

Quick Facts

The House of HR

  • European provider of HR solution
  • Annual sales: > EUR 750m

ZAQUENSIS

  • Temporary staffing
  • Annual sales: > EUR 90m

Deal volume

  • Undisclosed

Services provided

  • M&A advisory
  • Acquisition finance support

Team

  • Dietmar Flügel (M&A)
  • Robert Pfeffer (M&A)